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Consumer Stocks Bolster Wobbly Stock-Index ETFs

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Major stock-index ETFs were mixed Friday, with consumer staples the lone sector providing strength and energy and financials acting as the biggest drags.

SPDR S&P 500 ( SPY ) was down 0.1%, but up 4.8% for the year and still hovering around its all-time high. SPDR Dow Jones Industrial Average ( DIA ) was down 0.3%, but PowerShares QQQ ( QQQ ) was up 0.1%.

Consumer Staples Select Sector SPDR ( XLP ) was up 0.3%. The $8.2 billion ETF is carving a flat base that started in July and is 2% below its 52-week high. XLP has been trading above its 50-day moving average since January and is up 5.2% for far this year. Top holdings include Procter & Gamble ( PG ), up 9% this year and yielding 3%, and Philip Morris International (PM), up 13% and yielding 4%.

Consumer Discretionary Select Sector SPDR (XLY ) was flat. The ETF is trading at an all-time high and is 2% above an 84.78 buy point of a cup base, which places it still within a buy range. Top holdings include Amazon (AMZN), up 13% this year, and Comcast (CMCSA), up 10%.

Amazon is trying to break out of a cup-with-handle base that has a buy point of 843.94.

Energy Select Sector SPDR (XLE) was down 0.7%. The near-term future contract for West Texas intermediate crude oil fell 27 cents, or 0.5%, to $53.09 per barrel. XLE top holding Exxon Mobil was down 0.8% at 81.64. It's below its 50-day and 200-day moving averages and has taken out its interim low of 82.29.

Financial Select Sector SPDR (XLF) was down 0.6%. Top holdings JPMorgan (JPM), Berkshire Hathaway B (BRKB,) Wells Fargo (WFC), Bank of America (BAC) and Citigroup (C ) were all off between 0.4% and 1%.

12 Bellwether ETFs

Here's a look at the performance of major exchange traded funds across key asset classes on the stock market today.

The Relative Price Strength (RS) Rating measures a stock's price performance over the last 12 months vs. all stocks and ETFs, on a scale of 1 to a best-possible 99.

SPDR S&P 500 ( SPY ), -0.2%, RS 56

PowerShares QQQ ( QQQ ), +0.1%, RS 65

SPDR Dow Jones Industrial Average ( DIA ), -0.2%, RS 63

IShares Core S&P Mid-Cap (IJH), -0.3%, RS 65

IShares Russell 2000 (IWM), -0.5%, RS 71

IShares MSCI EAFE (EFA), -0.5%, RS 41

Vanguard FTSE Emerging Markets (VWO), -0.7%, RS 61

SPDR Gold Shares (GLD), -0.2%, RS 22

United States Oil (USO), -0.6%, RS 53

IShares Core U.S. Aggregate Bond (AGG), +0.2%, RS 20

PowerShares DB U.S.$ Bullish (UUP), +0.3%, RS 31

IPath S&P 500 VIX Short-Term Futures (VXX), +1.6%, RS 1

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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